Bankruptcy data holds a treasure trove of insights into Puerto Rico’s intricate financial and economic landscape. Delving into this data provides a window into the Island’s fiscal challenges, economic trends, and regulatory dynamics and unveils a narrative of resilience and adaptation among local businesses. It is a vital instrument, offering a panoramic view of the...Read More
Bankruptcy data holds a treasure trove of insights into Puerto Rico’s intricate financial and economic landscape. Delving into this data not only provides a window into the Island’s fiscal challenges, economic trends, and regulatory dynamics but also unveils a narrative of resilience and adaptation among local businesses. It stands as a vital instrument, offering a...Read More
Inflation is a critical economic indicator that measures the rate at which prices for goods and services rise over time. Understanding the inflation rate is essential for policymakers, investors, and individuals alike, as it directly affects purchasing power and the overall health of an economy. In this article, we will delve into the inflation rate...Read More
The automotive industry in Puerto Rico serves as a vital economic indicator, reflecting consumer sentiment and overall economic health. In this article, we will analyze the month-over-month and year-over-year changes in new car sales, focusing on the most recent data available up until June 2023. Additionally, we will discuss the signs of a cooling trend...Read More
The latest report on the Coincident Indicators Index in Manufacturing (CIIM) sheds light on the current state of the manufacturing sector in Puerto Rico. Prepared by the Office of Strategy and Business Intelligence, the report covers May 2023 and reveals notable shifts in industrial activity specific to the island. This article will delve into the...Read More
Over the past decade, Puerto Rico has faced a significant decline in its level of economic activity, primarily attributed to economic depression and fiscal issues within the Commonwealth. The situation was further exacerbated by devastating hurricanes and the ongoing COVID-19 pandemic, which pushed the economy to an all-time low. However, since June 2020, Puerto Rico...Read More
The retail sector is a crucial component of any economy, providing insights into consumer spending patterns and overall economic health. In this economic report, we analyze the performance of various retail categories in March 2023 compared to the same period last year. The data presented offers valuable information on the growth or decline of specific...Read More
Bankruptcy is a complex phenomenon that has both social and economic implications. In the case of Puerto Rico, it is important to examine the bankruptcy trends and understand their impact on various sectors of the economy. This article analyzes the data on total bankruptcies in Puerto Rico and highlights the significant contributions from industries such...Read More
According to the latest data released by the Department of Labor in Puerto Rico, the inflation rate in the country increased by 5.1% year-over-year in March 2023. All categories experienced some level of inflation during this period, with Food and Beverages experiencing the highest inflation rate of 10.1%. This increase was likely due to the...Read More
According to recent data on retail sales in Puerto Rico, the island’s economy is showing signs of recovery as sales have increased by 4.8% from February 2022 to February 2023. This positive trend is a result of increased consumer spending, particularly in the categories of Department Stores, Electronic Articles Stores, and Hardware and Home Improvement....Read More
